businessOct 26, 202012:17pending
How to sidestep outsized losses and capture extraordinary gains
About this episode
From time to time, names you're watching will move sharply before you have a chance to add risk.
That means missed opportunities.
Names that you're already in will move against you - also before you have a chance to act and keep your losses small.
Then you're stunned and frozen and you begin the process of negotiating with yourself.
Either way, you're losing and there's not much to say about it despite your reasoning.
If either of these scenarios sounds familiar, you can use Stop orders accordingly to hedge against such moves.
Get every episode summarized
Each time Trader Mindset publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Trader Mindset
Why you should trade in a simulator
Trader Mindset
Sep 10, 202618:31completed
How chasing trades only leads to sadness and anxiety
Trader Mindset
Sep 9, 202617:55completed
Build an Awesome Portfolio with Jared Dillian
Trader Mindset
Sep 8, 202638:09pending
Unrealized gains don't just disappear
Trader Mindset
Sep 4, 202616:15completed